Freddy Kelly, Co-Founder & CEO of Credit Kudos

The big three credit bureaus, whether in the UK or the US, have excellent coverage on the majority of consumers. But for those people who have never applied for credit, they tend to have very little information. Now, many people have a bank account who have no credit file or a thin file and the data from their bank account, if analyzed well, can prove to be an excellent predictor of creditworthiness.